Announcement
30 Jul 2021
In July 2021, the government of Indonesia introduced several changes in connection to the country's FDI requirements for investments in digital banking.
Source
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Number of interventions
4
2 certainly harmful
0 likely harmful
2 liberalising
List of interventions
Implementation date
30 Oct 2021
Revocation date:
No revocation date
Announced: 30 Jul 2021
Labour market access
In force
On 30 July 2021, the government of Indonesia issued the Financial Services Authority (OJK) Regulation No. 12/POJK.03/2021, allowing Indonesian digital banks to employ foreign workers as their director...
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Announced: 30 Jul 2021
FDI: Entry and ownership rule
In force
On 30 July 2021, the government of Indonesia issued the Financial Services Authority (OJK) Regulation No. 12/POJK.03/2021, increasing the limit of single ownership for a foreign investor in the Indone...
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Implementation date
30 Oct 2021
Revocation date:
No revocation date
Announced: 30 Jul 2021
FDI: Treatment and operations, nes
In force
On 30 July 2021, the government of Indonesia issued the Financial Services Authority (OJK) Regulation No. 12/POJK.03/2021 requiring the foreign investor(s) to deposit a minimum capital of IDR 10 trill...
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Announced: 30 Jul 2021
FDI: Entry and ownership rule
In force
On 30 July 2021, the government of Indonesia issued the Financial Services Authority (OJK) Regulation No. 12/POJK.03/2021 requiring the foreign investor(s) to form a joint venture with Indonesian comp...
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